As the Russian and EU economies improved in the 4th quarter of 2020, Russian methanol demand (including net exports) also improved, although calendar year growth was negative. A modest drop in production has versus the year prior was noted, a victim of price decay in Europe which limited exports.

MMSA Methanol Notes – 2021-02-09

USD $67.01

Russian Apparent Methanol Demand – Less 2020 Shrinkage After Improved 4Q